The global medical transport boxes market size was estimated to be USD 0.71225 billion in 2023 and is expected to reach at USD 1.6811 billion by 2033 with a CAGR of 8.12% during the forecast period 2023-2033. Increasing use of transport boxes to transport various medical products, rising demand for medical transport boxes from various healthcare settings, growing demand for ultra-low temperature cold chain health products, rising importance of cell & gene therapy (CGT) and surge in development of several high-temperature sensitive vaccines are some of the key factors boosting the market growth.
Surge in initiatives by market players for development of several high-temperature sensitive vaccines is predicted to boost the market growth during the forecast period. For instance, in October 2022, B Medical Systems and Secop Group have joined forces in a partnership aimed at creating an innovative technology for producing advanced transport containers. These containers are designed to securely store and transport biospecimens, vaccines, and other temperature-sensitive items at extremely low temperatures, even in regions with tropical climates.
By Technology, Passive was the highest revenue-grossing segment in the global medical transport boxes market in 2022 owing to the advantages associated with these products such as cost-effectiveness and low maintenance and rising demand of vaccine carriers and cold boxes. Additionally, Active is predicted to grow at fastest CAGR during the forecast period owing to the growing demand for medical transport boxes with air conditioning for transporting medical products without compromising the safety & quality of the products and increasing launch of technologically advanced products. For instance, in January 2021, Blackfrog Technologies has introduced Emvolio, an advanced portable active cooling device powered by batteries. It is specially engineered to aid in the last leg of vaccine transportation, ensuring their safe delivery.
By Application, Blood and its component was the highest revenue-grossing segment in the global medical transport boxes market in 2022 owing to the increasing demand of blood & its components such as red blood cells (RBCC), plasma, platelets, & white blood cells (WBC), surge in donations of blood and its components, and rising launch of new products. Additionally, Vaccine is predicted to grow at fastest CAGR during the forecast period owing to the rising government initiatives for offering cold chain services to low-middle-income countries. In July 2022, The government of Japan, in collaboration with UNICEF, provided cold chain equipment to the government of Eswatini to ensure the proper storage of COVID-19 vaccines. This initiative resulted in the delivery of 40 cold boxes, 100 vaccine carriers, 14 deep refrigerators, and 5 deep freezers to the Eswatini Ministry of Health. As a result, the safe distribution of COVID-19 vaccines was facilitated across the country.
By End-user, Hospital & clinics was the highest revenue-grossing segment in the global medical transport boxes market in 2022 owing to the rising demand of transport boxes in hospitals & clinics and increasing initiatives by leading market players. For instance, in March 2023, B Medical Systems partnered with the Ministry of Aid and European Affairs (MAEE) to establish a cold chain infrastructure for urgent medical assistance. As part of this collaboration, B Medical Systems generously contributed 50 medical transport boxes to the MAEE. Additionally, blood banks is predicted to grow at fastest CAGR during the forecast period owing to the surge in number of mobile blood banks & donation centres.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing healthcare expenditures, rising expansion of companies engaged in manufacturing, developing, and commercializing medical transport. For instance, in February 2022, Thermo Fisher Scientific has introduced comprehensive packaging and distribution services for cell and gene therapies, enabling a smooth transition from clinical settings to commercial launch in the United States and Europe. These services aim to ensure a streamlined process for delivering these therapies to patients. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising investments in healthcare logistic infrastructure, increasing healthcare spending, and growing initiatives by major market players. For instance, in May 2023, B Medical System India Pvt Ltd, a subsidiary of B Medical System, has opened its Customer Excellence Center in Mumbai, India. This state-of-the-art research and development facility aims to support the company's mission of developing dependable, secure, and environmentally friendly healthcare systems. The center will focus on providing top-notch cold chain solutions, including transport boxes, to the Indian market.
Surge in initiatives by market players for development of several high-temperature sensitive vaccines is predicted to boost the market growth during the forecast period. For instance, in October 2022, B Medical Systems and Secop Group have joined forces in a partnership aimed at creating an innovative technology for producing advanced transport containers. These containers are designed to securely store and transport biospecimens, vaccines, and other temperature-sensitive items at extremely low temperatures, even in regions with tropical climates.
By Technology, Passive was the highest revenue-grossing segment in the global medical transport boxes market in 2022 owing to the advantages associated with these products such as cost-effectiveness and low maintenance and rising demand of vaccine carriers and cold boxes. Additionally, Active is predicted to grow at fastest CAGR during the forecast period owing to the growing demand for medical transport boxes with air conditioning for transporting medical products without compromising the safety & quality of the products and increasing launch of technologically advanced products. For instance, in January 2021, Blackfrog Technologies has introduced Emvolio, an advanced portable active cooling device powered by batteries. It is specially engineered to aid in the last leg of vaccine transportation, ensuring their safe delivery.
By Application, Blood and its component was the highest revenue-grossing segment in the global medical transport boxes market in 2022 owing to the increasing demand of blood & its components such as red blood cells (RBCC), plasma, platelets, & white blood cells (WBC), surge in donations of blood and its components, and rising launch of new products. Additionally, Vaccine is predicted to grow at fastest CAGR during the forecast period owing to the rising government initiatives for offering cold chain services to low-middle-income countries. In July 2022, The government of Japan, in collaboration with UNICEF, provided cold chain equipment to the government of Eswatini to ensure the proper storage of COVID-19 vaccines. This initiative resulted in the delivery of 40 cold boxes, 100 vaccine carriers, 14 deep refrigerators, and 5 deep freezers to the Eswatini Ministry of Health. As a result, the safe distribution of COVID-19 vaccines was facilitated across the country.
By End-user, Hospital & clinics was the highest revenue-grossing segment in the global medical transport boxes market in 2022 owing to the rising demand of transport boxes in hospitals & clinics and increasing initiatives by leading market players. For instance, in March 2023, B Medical Systems partnered with the Ministry of Aid and European Affairs (MAEE) to establish a cold chain infrastructure for urgent medical assistance. As part of this collaboration, B Medical Systems generously contributed 50 medical transport boxes to the MAEE. Additionally, blood banks is predicted to grow at fastest CAGR during the forecast period owing to the surge in number of mobile blood banks & donation centres.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing healthcare expenditures, rising expansion of companies engaged in manufacturing, developing, and commercializing medical transport. For instance, in February 2022, Thermo Fisher Scientific has introduced comprehensive packaging and distribution services for cell and gene therapies, enabling a smooth transition from clinical settings to commercial launch in the United States and Europe. These services aim to ensure a streamlined process for delivering these therapies to patients. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising investments in healthcare logistic infrastructure, increasing healthcare spending, and growing initiatives by major market players. For instance, in May 2023, B Medical System India Pvt Ltd, a subsidiary of B Medical System, has opened its Customer Excellence Center in Mumbai, India. This state-of-the-art research and development facility aims to support the company's mission of developing dependable, secure, and environmentally friendly healthcare systems. The center will focus on providing top-notch cold chain solutions, including transport boxes, to the Indian market.
Segmentation: Medical Transport Boxes Market Report 2022 - 2033
Medical Transport Boxes Market Analysis & Forecast by Technology 2022 - 2033 (Revenue USD Mn)
- Active
- Passive
Medical Transport Boxes Market Analysis & Forecast by Application 2022 - 2033 (Revenue USD Mn)
- Vaccine
- Blood and its Components
- Urine
- Others
Medical Transport Boxes Market Analysis & Forecast by End-user 2022 - 2033 (Revenue USD Mn)
- Blood Banks
- Hospital & Clinics
- Laboratories
- Others
Medical Transport Boxes Market Analysis & Forecast by Region 2022 - 2033 (Revenue USD Mn)
North America
- U.S.
- Canada
Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Medical Transport Boxes Market: Technology Estimates & Trend Analysis
8. Medical Transport Boxes Market: Application Estimates & Trend Analysis
9. Medical Transport Boxes Market: End-user Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Medical Transport Boxes Market
12. Europe Global Medical Transport Boxes Market
13. Asia Pacific Global Medical Transport Boxes Market
14. Latin America Global Medical Transport Boxes Market
15. MEA Global Medical Transport Boxes Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- Nilkamal
- Avantor Inc.
- Haier Group
- SARSTEDT AG & Co. KG
- Sonoco Products Company
- Thermo Fisher Scientific Inc.
- B Medical Systems (Azenta)
- BITO-Lagertechnik Bittmann GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 145 |
Published | August 2023 |
Forecast Period | 2022 - 2033 |
Estimated Market Value ( USD | $ 0.71 Billion |
Forecasted Market Value ( USD | $ 1.68 Billion |
Compound Annual Growth Rate | 8.1% |
Regions Covered | Global |
No. of Companies Mentioned | 8 |